(Select two). After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. CLG 001. test_prep. Which three of the following are cardholder considerations before purchase? COM. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. Which of the following terms is defined as "the intentional use of the government-issued charge card in violation of applicable regulations". DoD Govenmentwide Commercial Purchase Card Overview Exam.docx. Clg 0010 dod governmentwide commercial purchase card. You receive a request to purchase construction services. Explain how this requirement is likely to affect the growth of human If transactions not made by the Cardholder appear on the Statement of Account, the Cardholder should dispute them with the card-issuing bank within how many days of the transaction date? a. Using simplified acquisition procedures above or below the micro-purchase threshold against federal supply contract vehicles b. Would he still think so if he saw how the government runs today? a. Download. -Purchasing items or extra quantity of items for resale or to give away to relatives. Open-Market Micro-Purchases Students also viewed Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. T07.E02, When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchaseT06.E01, What is the Cardholder Statement of Account? The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. UnitedStatesEuropeAPMEA*OtherCountries&CorprateTotalrevenuesRecentYear(inmillions)$8,81410,8276,3911,535$37,567PriorYear(inmillions)$8,52810,8866,0201,572$27,006. Paying for repairs of privately owned equipmentc. Overseas purchases up to 25000 Privacy Statement, Stuvia is not sponsored or endorsed by any college or university, Pennsylvania State University - All Campuses, Rutgers University - New Brunswick/Piscataway, University Of Illinois - Urbana-Champaign, Essential Environment: The Science Behind the Stories, Everything's an Argument with 2016 MLA Update, Managerial Economics and Business Strategy, Primates of the World: An Illustrated Guide, The State of Texas: Government, Politics, and Policy, IELTS - International English Language Testing System, TOEFL - Test of English as a Foreign Language, USMLE - United States Medical Licensing Examination, CLG 0010 EXAM - QUESTIONS & ANSWERS (SPRING 2022). \end{array} Must not be Must be Is occasionally None of these James Madison believed that the Constitution would produce effective government and good policies. T05.E04, Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? CLG 0010. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. purchasing items or extra quantity of items for resale or to give away to relatives Wat are three examples of abuse of the Government Commercial Purchase Card? Stock in Birdie Golf currently sells for $87 per share, and the company has 18 million shares of stock outstanding. Purchase of accountable property What is the procurement integrated enterprise environment (PIEE) module used to initiate, review, approve, store, and terminate required delegations of procurement authority and/or appointment? Each year, Lord & Taylor, Ltd., sets up a giftwrapping station to assist its customers with holiday shopping. Which of the following is an agreement that is not binding solely because the government representative who made it lacked the authority to enter into that agreement on behalf of the government? 3. Public Notification-Correct certificate that costs $25. Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves validating that all data mining cases are closed and assessing the key purchasing and management internal controls? Who is the individual responsible for ensuring the existence, accuracy, and legality of information on managing account billing statement? The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. DoD policy allows for governmentwide commercial purchase card billing statement certification prior to verification that all items submitted for payment have been received in order to Allow for maximum refunds Decrease penalties for faulty disputes Avoid prompt payment interest which three of the following are cardholder considerations before purchase? how many days of the billing cycle end date? Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. order now. &\textbf{Recent Year}&\textbf{Prior Year}\\ public notification. A member of the hotel's accounting staff noticed that the total charges for guest bills have been increasing in recent months. Procurement Business intelligence service (PBIS) /////, When Using a Governmentwide Purchase Card, Which of the following is prohibited purchase. After completing the course, please be sure to complete the survey at the end. a. Menier's disease A purchase exceeds the micro purchase threshold. The comparative regional segment revenues for McDonalds Corporation are as follows: RecentYearPriorYear(inmillions)(inmillions)UnitedStates$8,814$8,528Europe10,82710,886APMEA*6,3916,020OtherCountries&Corprate1,5351,572Totalrevenues$37,567$27,006\begin{array}{lrr} Clg 0010 dod governmentwide commercial purchase card Study with Quizlet and memorize flashcards containing terms like In order to use the GPC for simplified accusations up to $25000 outside the . function of the number of years after 2011, x, According to the most recent data, among workers who are paid at an hourly rate, about _______ percent have jobs that pay at or below the minimum wage. Birdie Golf, Inc., has been in merger talks with Hybrid Golf Company for the past six months. A document reflecting all purchases and credits that have been posted to the CH's account during a 30-day billing cycle. Defrauding the government f(x)=6x2x3(forf(x)=2x3x44)f^{\prime}(x)=6 x^2-x^3 \quad\left(\text { for } f(x)=2 x^3-\frac{x^4}{4}\right) Interest penaltiesb. Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions? Objectives Download Course Objectives Target Attendees Coordinate with their transportation service support office before initiating the transaction. B. competition national health care spending, y, in trillions, as a CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, DoD Government Purchase Card Refresher Traini, Fundamentals of Financial Management, Concise Edition, Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield. Which three of the following are Cardholder. What are two advantages of the Procurement Integrated Enterprise Environment? - ANSWER-True, If required office paper is available from a mandatory source of supply (such as the. Includes billing for items not ordered \quad\text{Diluted}& 713,456 &699,012\\ Description The DoD Governmentwide Commercial Purchase Card (GPC) Overview module was designed to help GPC Program participants learn how to make and process GPC transactions in accordance with applicable laws, regulations, and . Authorized uses of the Governmentwide Commercial Purchase Card include: Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? CLG 0010 Exam 100% Scored_ Spring 2022 1. PUR. Open-market micro-purchases. Open-market micro-purchases This module was designed to provide individuals with a solid foundation for making Government Purchase Card (GPC) transactions in compliance with applicable laws, regulations, and policies. In the event that a Cardholder reports a misplaced, lost, or stolen card or check, which of the following is true? a. False Authorized uses of the Governmentwide Commercial Purchase Card include: Enables the Government to earn refunds B. DoD policy allows for governmentwide commercial purchase card billing statement certification prior to verification that all items submitted for payment have been received in order to (Select the three that apply), Avoid Pecuniary Liability-Correct What are three authorized uses of the Governmentwide Commercial Purchase Card? . Total truck depreciation is $200,000 per year. Approving/Billing Officer, Frustrated freight may never reach the intended recipient. approving/billing officer 2. supervisor 3. agency/organization program coordinator If commercial, door-to-door shipping is not available for GPC purchase to be shipped overseas, the card holder must . -, You receive a request to purchase construction services. CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the total raw materials cost from year to year. T02.E03, What must the Cardholder do to become qualified to make Governmentwide Commercial Purchase Card purchases up to $25,000 outside of the United States and its jurisdictions?T05.E02, Cardholder must receive customized training, Executive Order 12674 and 12731 form the foundational policy on the ethical conduct of Federal employees. Both companies can borrow at an 8% interest rate. After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. The cost of capital for Hybrid Golf is 12.4%, and the cost of equity is 16.9%. Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. A best practice calls for the card holder to reconcile transactions in the statement of account within how many days of the billing cycle end date? 703-805 . What is the Cardholder Statement of Account? (a) Use the graph of f(x)f^{\prime}(x)f(x) to determine (estimate) where the graph of f(x)f(x)f(x) is increasing, where it is decreasing, and where it has relative extrema. \text{Weighted average number of shares outstanding (in thousands)}\\ What is the Cardholder Statement of Account? Explain. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. Decrease penalties for faulty disputes Several Personnel in your office have been needing new laptops, so this is a good time to take advantage of the increase and purchase 20 laptops at $500 each, for a total price of $10,000, DoD policy allows for governmentwide commercial purchase card billing statement certification prior to verification that all items submitted for payment have been received in order to, Avoid Prompt payment interests COM. Classify truck depreciation and raw materials as variable or fixed costs. Which of the following is an appropriate circumstance for using a convenience check? C. The Cardholder can request that the bank "stop payment" on a check, The law requires the DoD to recover cost from Governmentwide Commercial Purchase Card officials who have used the Governmentwide Commercial Purchase Card for illegal, improper, or erroneous purchases. CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, Education philosophy; A neuroscientist reveal, 03. Complete appropriate Training Avoid prompt payment interest, Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous monthly agency/organization program coordinator reviews. price-icon. c. Is committed by someone other than charge card program officials, An unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. -Using Simplified Acquisition Procedures above or below the micro-purchase threshold against Federal Supply Contract vehicles. The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits). No Ordering officer may be appointed until they have received training commensurate with their delegated authority a. \hline how many days of the billing cycle end date? What is the highest exchange ratio Birdie should be willing to pay and still undertake the merger? Consider the following: a. the problem of gridlock b. the increase in the size of the United States. Assume that the normal operating range for the company is 90,000 to 96,000 cubic yards per year. The bank must close the account Several personnel in your office have [Show More] Allow for maximum refunds- New Ensure transactions are made with responsible merchants Which of the following is the term for a shipment of supplies or equipment that is delayed along the transportation chain and will not move until all problems are resolved? After several rounds of negotiations, the offer under discussion is a cash offer of $250 million for Hybrid Golf. What are three examples of abuse of the Governmentwide Commercial Purchase Card? Which three of the following are advantages of using the Governmentwide Commercial Purchase Card? &\textbf{2013}&\textbf{2012}\\ Are used to roll up cardholder accounts-New, Whos responsibility is it to comply with Government agency standards of conduct, Agency/Organization Program Coordinator What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's agents by charge card program officials? Work in Progress Who is the individual for ensuring the existence, accuracy, and legality of information on C. Reduces DoD invoicing costs. After obtaining all necessary, approvals, you call the construction company, which advises you that the cost for its, services will total $2,400. yo agree to make the purchase, and the construction company accepts your governmentwide commercial purchase card as the method of purchase. Monthly Agency/organization program coordinator reviews///// Identify the requirement and ensure it fulfills a mission essential need. what is the first step to follow when a cardholder becomes aware of a lost or stolen card or check? Who is the the individual responsible for ensuring the existence, accuracy, and legality of information on a managing account billing statement? \text{United States}&\$\hspace{5pt}8,814&\$\hspace{5pt}8,528\\\ Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? Hotel Guest Bills. A. CLG 0010 EXAM - QUESTIONS & ANSWERS (SPRING 2022) What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's agents. b. How long does Foreign Military Sales documentation have to be retained following case closure? Small business Defense Acquisition University. . B. Any exams in this course must be passed with a minimum score of 80%. Prepare a graph for truck depreciation. NY Times Paywall - Case Analysis with questions and their answers. T04.E02. What conclusion is appropriate when H0H_0H0 cannot be rejected? 300. points. the cardholder temporarily loses card privilege's TO4.E01 Click the card to flip Definition 1 / 23 Approving/Billing Official Click the card to flip Click the card to flip Definition 1 / 23 ? Reconcile the monthly Statement of Account Above or below the micro-purchase threshold against contract vehicles issued for the component by contracting officer that contain a provision authorizing order and payment by the governmentwide commercial purchase card. Which three of the following statements about convenience checks are true? Which three of the following describe the Governmentwide Commercial Purchase Card? What is the artificial intelligence Data Mining platform that automatically analyzes Which one of the following is an advantage of using the Governmentwide Commercial Purchase Card? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview. In step 10 of the governmentwide commercial purchase card program, what are three pieces of information that should be included in the cardholder purchase log, Name of the requestor PUR. Who is responsible for verifying proof of delivery documentation for all Governmentwide Commercial Purchase Card transactions during their monthly transaction review? CLG 0010 DoD Governmentwide Commercial Card Exam.pdf. CLG 0010 Exam with complete solutions who is responsible for verifying proof of delivery for all govermentwide commercial purchase card transactions during the monthly transaction review? Ensure adequate Funds are available to make the payment what are two advantages of the procurement integrated enterprise environment? the Cardholder can dispute a convenience check after payment has been made It is used to solve problems in a variety of fields, including science, engineering, and finance. DoD's Governmentwide Commercial Purchase Card data to identify high-risk Suspected ethics violations should be reported to: When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. requirement, so you return the item to the merchant. What are the three examples of misuse of the Government Commercial Purchase Card? is committed by someone other than charge card program officials, CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DOD GOV. Which of the following are you authorized to. Who is responsible for making regular reviews of existing cardholders and their monthly spending limits? What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's agents by charge card program officials? Click the card to flip Definition 1 / 70 What are three authorized uses of the Governmentwide Commercial Purchase Card? Journalize the companys: One office in an office building has an area of 5,200ft25,200 \mathrm{ft}^25,200ft2. Both companies have niche markets in the golf club industry, and both believe that a merger will result in synergies due to economies of scale in manufacturing and marketing, as well as significant savings in general and administrative expenses. Which Governmentwide Commercial Purchase Card Program mandatory program oversight procedure is used to detect and prevent improper purchases? Must not be Must be Is occasionally None of these 2. Who is the individual for ensuring the existence . Which three of the following statements are true? Total Dollar value of the transaction Which of the following are you authorized to accept? Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. -Paying for repairs of privately owned equipment Which of the governmentwide commercial purchase card program's mandatory oversight procedures involves the approving/billing official documenting findings and disciplinary category determinations? By Nutmegs 7 months ago QUESTIONS & ANSWERS $10 1 University of the Cordilleras (formerly Baguio Colleges Foundation), Question 11 National income NI is calculated by adjusting GDP for depreciation, Click the Cost Account ID column label to display the cost accounts hierarchy, B1B4F8E6-9018-4505-BCCC-CCAF1B564D47.jpeg, 20 Who teaches you English a By whom were you taught English b By whom are you, Natanson v Kline 187 Kan 186 354 P2d 670 1960 There is corresponding support for, In Allen v Sixteen Stirling Investments Pty Ltd 1974 4 SA 164 D the plaintiff, Consumer buying patterns especially of high value purchases have changed in the, Source Futura Group Total Cost 2469 Portion Cost 617 Portion Nos 4 Portion Size, Given the six year payback the worst case is that the payback occurs at the end, A block code is called a linear code when the mapping of the k information bits, bbbbbbbbbbbboooooooooooooooooootttttttttttttttttthhhhhhhhhhhhhhhh, Bruckner 201914 89 Antibody test to check if youve had coronavirus NHS web 27, 36 Essay 2 Important qualities of a good supervisor A supervisor needs to, AUTO 132 W10 Ignition System Operation Worksheet.docx, Define and discuss the concepts of patient experience and satisfaction.docx. whose responsibility is it to comply with Government agency standards of conduct? Any exams in this course must be passed with a minimum score of 80%. Company Registration Number: 61965243 - ANSWER-approving/billing official what is the cardholder statement of account?- ANSWER-A document reflecting all purchases and credits that have been posted to the CH's account during a 30-day billing cycle . Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last Modified:29-Nov-2022) . \text{APMEA*}&6,391&6,020\\ Clarify mathematic. You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. What are three advantages of using the Governmentwide Commercial Purchase Card? Defense Acquisition University 9820 Belvoir Road Fort Belvoir, VA 22060 CONTACT US. COM. what are three violations of these executive orders? Local. CLG 0010 Exam 2022 Graded A What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Governments agents by charge card program officials. - ANSWER-Unauthorized commitment, 10 United States Code 2784 requires specific corrective actions for Governmentwide, Commercial Purchase Card Program violations - ANSWER-False, What is the artificial intelligence Data Mining platform that automatically analyzes the, DoD's Governmentwide Commercial Purchase Card data to identify high-risk, transactions - ANSWER-Insight on Demand (IOD), Authorized uses of the Governmentwide Commercial Purchase Card include (select, three) - ANSWER-a. CLG 001. c. conductive hearing loss At 90 days past due, what happens to all Cardholders accounts associated with a Managing The Government is not relieved of its obligation to pay for valid transactions made prior to the loss. Contract payments BIO Midterm 2 - BIO NOTES FOR CITOVSKYS CLASS ENJOYYY, Physio Ex Exercise 8 Activity 3 - Assessing Pepsin Digestion of Proteins, BIO 140 - Cellular Respiration Case Study, Mid term HIS 104 - Exam Questions and notes, BIO 115 Final Review - Organizers for Bio 115, everything you need to know, Sawyer Delong - Sawyer Delong - Copy of Triple Beam SE, Mini Virtual Lab Calculating GPP and NPP1, Kami Export - Jacob Wilson - Copy of Independent and Dependent Variables Scenarios - Google Docs, Chapter 1 - Summary Give Me Liberty! Account? Which three items describe external fraud? What is the artificial intelligence Data Mining platform that automatically analyzes the DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. d. interaural time differences, Who is responsible for verifying proof of delivery for all Governmentwide Commercial Purchase Card transactions during the monthly transaction review? Which three of the following are advantages of using the Governmentwide commercial purchase card? Automatic suspension of all Cardholder (CH) accounts. The government is not relieved of its obligation to pay for valid transactions made prior to the loss After completing the course, please be sure to complete the survey at the end. b. sensorineural hearing loss Small Business Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. Last week she worked h overtime hours at double time. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. According to 10 united states code 2784, which two of the following could result from a governmentwide commercial purchase card program violation? [Show More] Preview 1 out of 5 pages Generating Your Document Report Copyright Violation Exam Details $6.45 Add To Cart Add To Wishlist Money Back Guarantee 24/7 Document English Business a. The Government Commercial Purchase Card used as the method of payment for In step 10 of the Governmentwide Commercial Purchase Card Program, what are three pieces of information that should be included in the Cardholder Purchase Log? Exceeding the applicable micro-purchase Threshold In step 10 of the Governmentwide Commercial Purchase Card Program, what are three pieces of information that should be included in the Cardholder Purchase Log? Following; Which of the following is an appropriate circumstance for using a convenience check? Date on which the item/service was ordered, How many Cardholder accounts may be rolled up under a Managing Account? What is the annual cost of a supervisor's workstation that is 100ft2100 \mathrm{ft}^2100ft2 in area? CLG 0010 DoD Governmentwide Commercial Card Exam Spring 2022 (100% scored) Document Content and Description Below Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves validating that all data mining cases are closed and assessing the key purchasing and managemen . What did you do wrong? Which option would you choose? CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. Review and ensure all cardholder supporting documentation supports the payment. 20 laptops at $500 each for a total price of $10,000. C. public notification. When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase.
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